CAFRAL conference on Financial system and Macroeconomy in Emerging Economies

Dec 7th to 8th, 2017

09:00 AM to 06:00 PM

Reserve Bank of India, Central Office Building, 25th Floor Conference Room, Mumbai, India

Time	Session	Details
9.00 am	Registration and welcome
9.15 am	Opening remarks	Dr. Urjit Patel, Governor, Reserve Bank of India
9.30 am	Uncertainty Shocks, Financial Frictions and Business Cycle Asymmetries Across Countries	Pratiti Chatterjee, UC Irvine Discussant: Sanjay Chugh, Ohio State University
10.30 am	Coffee break
10.45 am	A Monetary Business Cycle Model for India	Chetan Ghate, ISI Delhi Discussant: Colin Caines, Federal Reserve Board
11.45 am	Keynote talk	Franklin Allen, Imperial College London - On Interest Policy and Asset Bubbles
12.45 pm	Lunch
1.45 pm	The Rise and Fall of India’s Relative Investment Price: A Tale of Policy Error and Reform	Alok Johri, McMaster University Discussant: Chetan Subramanian, IIM Bangalore
2.45 pm	Coffee break
3.00 pm	Creditor Rights and Allocative Distortions: Evidence from India	Nirupama Kulkarni, CAFRAL Discussant: Shashwat Alok, ISB
4.00 pm	Keynote talk	Viral Acharya, Reserve Bank of India - Monetary Easing, Investment and Financial Stability
9.30 am	Corporate Debt Structure, Precautionary Savings and Investment Dynamics	Jasmine Xiao, University of Notre Dame Discussant: Michal Szkup, University of British Columbia
10.30 am	Coffee break
10.45 am	Keynote talk	John Leahy, University of Michigan
11.45 am	How Important Are Spillovers from Emerging Markets?	Ayhan Kose, World Bank Discussant: Arpita Chatterjee, UNSW
12.45 pm	Lunch
2.00 pm	Free Riding in Teams	Krishnamurthy Subramanian, Indian School of Business Discussant: Igor Livshits, University of Western Ontario and FRB Philadelphia
3.00 pm	Coffee break
3.15 pm	Keynote talk	Martin Uribe, Columbia University - The Neo-Fisher Effect
4.15 pm	Thanks and adjourn